Moody's is a New York-based global provider of independent credit ratings, financial research, tools and analysis, which aims to contribute to the transparency of international capital markets and ensure their efficient operation. Moody's Corporation owns Moody's Investors Service, a leading research firm covering debt instruments and securities, and Moody's Analytics, which is involved in Moody's non-ratings business, such as risk management software, quantitative credit analysis tools, economic research and data services. Moody's maintains a presence in 27 countries.